SOLD
RECENT ADVICE
Sold on 06 Jun 2024 for $9,220,000

90 Savoy Drive
Broadbeach Waters QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 2727m2
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Property Details for 90 Savoy Dr, Broadbeach Waters

90 Savoy Dr, Broadbeach Waters is a 0 bedroom, 0 bathroom House and was built in 1970. The property has a land size of 2727m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom House sold in Broadbeach Waters in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
230m2
Land Size
2727m2
Local Government
Gold Coast City
Lot/Plan
303/WD3725

Last Listing description (July 2024)

This is a very rare opportunity to secure the largest single residential landholding in Broadbeach Waters. An enormous 3,782m2 of waterfront land on the central Gold Coast is almost unheard of, the vacant east to northwest orientated allotment benefits from an unprecedented 155 meters of water frontage.

There are several purchasing options outlined below:

- 90 & 90a Savoy Drive as one large 3,782m2 allotment benefiting from 155 meters or 509 feet of water frontage;

- Secure one or more of the lots from the approved three or four lot subdivisions.

Each lot has wide water frontage and the Main River can be reached at 890m.

Engage an architect to build a dream home that capitalises on the location's picturesque views stretching from Surfers Paradise to Broadbeach, and facing leafy Cascade Gardens across wide water.

Enjoy privacy and exclusivity within the secluded setting, where access is by boat or via a long, private driveway off Savoy Drive.

Broadbeach Waters is a central and highly sought-after suburb with the property situated only minutes from the heart of Broadbeach, where shopping, dining and patrolled sand and surf await.

The Highlights:

- Vacant waterfront allotments with varying build parcels
- Point position on wide water inlet opposite leafy Cascade Gardens
- Aspects range from east to northeast with various water frontages
- Huge upside potential in exclusive Florida Gardens within central Broadbeach Waters
- Less than 890m to Main River; proximity to a host of shopping, dining and lifestyle amenities
- Secluded and private blocks, set 75m back from Savoy Drive street entrance
- Opportunity to build a trophy home, unlocking skyline views from Surfers Paradise to Broadbeach

Florida Gardens is an exclusive community near to a host of amenities, including shopping, dining, beaches and the Gold Coast Light Rail. Broadbeach Beach, The Star Casino and world-renowned Pacific Fair Shopping Centre are within a 5km radius.

Take a boat ride across the waterway to peaceful Cascade Gardens, which is a perfect spot for family picnics where the kids can play safely. The entertainment hub of central Surfers Paradise and boutique shops of the well-heeled Isle of Capri are also in proximity. Gain access to the elite schools The Southport School and St Hilda's, which all sit within a 10km radius.

Do not miss the chance to capitalise on a rare central waterfront opportunity - contact Michael Kollosche on 04111 888 15 or John and Nicole Mayer on 0418 363 347.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 90 Savoy Dr, Broadbeach Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$9,220,000
06 Jun 2024
  • 19 Jun 2024
    Listed for Sale Under Contract
  • 06 Jun 2024
    Sold for $9,220,000
  • 17 Mar 2022
    Sold for $5,300,000
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About Broadbeach Waters 4218

The size of Broadbeach Waters is approximately 5.3 square kilometres. It has 7 parks covering nearly 5.9% of total area. The population of Broadbeach Waters in 2011 was 7,534 people. By 2016 the population was 7,783 showing a population growth of 3.3% in the area during that time. The predominant age group in Broadbeach Waters is 40-49 years. Households in Broadbeach Waters are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broadbeach Waters work in a professional occupation. In 2011, 73.5% of the homes in Broadbeach Waters were owner-occupied compared with 72.3% in 2016.

Broadbeach Waters has 4,031 properties. Over the last 5 years, Houses in Broadbeach Waters have seen a 105.69% increase in median value, while Units have seen a 90.44% increase. As at 31 July 2024:

  • The median value for Houses in Broadbeach Waters is $2,163,092 while the median value for Units is $921,179.
  • Houses have a median rent of $1,300 while Units have a median rent of $720.
There are currently 41 properties listed for sale, and 13 properties listed for rent in Broadbeach waters on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Broadbeach waters.

Suburb Insights for Broadbeach Waters 4218

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Kollosche
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.